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Spring Hill 34609 Spring Hill
171 Arkays AVENUE
$196,000
● Mobile Manufactured - Off Market

171 Arkays AVENUE

SPRING HILL, FL 34609
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,598 Ft²
$1,150
Est. Monthly
14.83%
Cap Rate

About This Property

Welcome to your updated 4-bed, 2-bath mobile home on a quarter-acre in Spring Hill! This gem is nestled in a great community, offering convenience to your new home with easy access to Suncoast Parkway, grocery stores, new shopping centers, and schools. Perfect for families and savvy buyers. Schedule your viewing today!
Unit Size
1,598 Ft²
Days on Market
203 days
Land Size
0.19 acres
Price per sqft
$130
Property Type
Mobile Manufactured
Property Taxes
$129
HOA Dues
-
Year Built
1988

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Stellar MLS #T3486462)

Price History

Date / Event Date Event Price
Jun 17, 2024 Sold
Premium
Sold
Apr 19, 2024 In contract -
In contract
Apr 12, 2024 Relisted $208,000
Relisted
Apr 12, 2024 No longer available -
No longer available
Apr 3, 2024 Price Decreased $208,000
↓ $12K (5.5%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 33
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,441
  • Total Building Area: 1,618
  • Gross Building Area: 1,618
  • Building Area: 1,598
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,598
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARKAYS PARK
  • Land Acres: 0000000194
  • Standard Land Use Code: 1006
  • County Land Use Code: 02
  • State Land Use Code: 02
  • Mobile Home Indicator: T
  • Legal Description 1: ARKAYS PARK LOT 36

Neighborhood

  • School District Name: Hernando County School District
  • School Tax School District: 1,36,99
  • Census Tract: 040906

Geography

  • Assessors Map Reference: 3401-E2
  • Account Number: 00196861
  • Parcel: R34-223-18-1380-0000-0360
  • Lot: 36
  • Meridian: SEC 34 TWN 23S RNG 18E
  • Municipality: HILLSBOROUGH BASIN EMS
  • Latitude: 28.437
  • Longitude: -82.4886

    Address

  • Full Address: 171 Arkays Ave
  • Address - House Number: 171
  • Address - Street Name: Arkays
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Spring Hill
  • Carrier Code: R163
  • 4-Digit Zip Code: 6610
  • Zip Code: 34609

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $154,463
  • Tax Rate Code Area: CW-ES

    Appraisal Valuation

  • Standard Deviation: 0.0956
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 91
  • Final Value: 216,401
  • High Value: 237,100
  • Low Value: 195,701

    Market Valuation

  • Market Total Value: $81,495
  • Market Land Value: $9,707
  • Market Improvement Value: $71,788

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $63,314

    Sales

  • Current Sale Contract Date: Feb 01, 2016
  • Current Sale Recording Date: Feb 01, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Nov 04, 1997
  • Previous Sale Contract Date: Oct 24, 1997
  • Previous Sale Amount: $5,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Spring Hill

Stats & Trends

Median Asking:

$315,125

Sale Price/ft²

$190

Below Asking

0.03%

Average Days on Market

73

Average Home Size

1903 ft²

Average Home Age

28 years

Currently For Sale

640 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 14024 Wake Robin Drive, BROOKSVILLE, FL, 34604

$2,600 /mo

  • 4 Beds
  • 2 Baths
  • 2,665 ft²
14024 Wake Robin Drive, BROOKSVILLE, FL, 34604 Listing by Mindy Ramirez

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Jorge Braham
MCBRIDE KELLY & ASSOCIATES
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# T3486462
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 171 Arkays Avenue built and last sold?
The property at 171 Arkays Avenue was built in 1988 and last sold on Feb 1, 2016 for $100.
How much is this home worth?
The estimated value of the home located at 171 Arkays Avenue is $214,197.
What are some comparable homes to 171 Arkays Avenue?
There are currently no comparable homes to 171 Arkays Avenue.
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